HBY hellaby holdings limited

Ann: DIRECTOR: HBY: Hellaby Holdings Appoints New

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    • Release Date: 27/07/12 16:04
    • Summary: DIRECTOR: HBY: Hellaby Holdings Appoints New Director
    • Price Sensitive: No
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    HBY
    27/07/2012 14:04
    DIRECTOR
    
    REL: 1404 HRS Hellaby Holdings Limited
    
    DIRECTOR: HBY: Hellaby Holdings Appoints New Director
    
    HELLABY HOLDINGS LIMITED - NZX / Media Release: 27 July 2012
    
    Hellaby Holdings Appoints New Director
    
    Investment company Hellaby Holdings Limited today announced the appointment
    of Mark Cowsill to the board of the company as a non-executive independent
    director, effective immediately.
    
    Mr Cowsill, a Chartered Accountant, is also a director of Hubbard Foods and
    NZX-listed Sanford.  Prior to recently embarking upon a career of
    non-executive directorships, he was managing director of Frucor Beverages
    from 1992 to 2011, during which time he led Frucor to become a global company
    under various ownership structures. Mr Cowsill brings strategic and
    operational expertise, knowledge of the Australian market and practical
    acquisitions experience to the Hellaby board.
    
    ENDS
    
    For further information please contact:
    
    John Maasland
    Chairman
    Hellaby Holdings Limited
    Mobile: 021 963 145
    
    Richard Jolly
    Chief Financial Officer
    Hellaby Holdings Limited
    Phone: 09 307 6844
    Mobile: 0274 976 710
    
    About Hellaby Holdings:
    
    Hellaby Holdings ('Hellaby') is an NZX-listed investment holding company,
    which owns a diversified portfolio of New Zealand and Australian industrial,
    distribution and retail businesses. We structure our investment portfolio
    through four divisions - Automotive, Equipment, Packaging and Footwear.
    
    Our vision is to be a leading Australasian investor, based on the value we
    add to our portfolio, the returns we deliver to our shareholders and the
    calibre of our people. Hellaby will generate attractive long-term shareholder
    value through a combination of performance improvement and organic growth in
    the businesses we own, and through smart acquisitions and divestments. We
    describe this strategy simply as 'Buy, Build, Harvest'. We seek to generate
    total shareholder returns superior to the NZX50 Gross Index.
    
    We have a variable investment horizon, and our portfolio will evolve over
    time. We actively manage our investments through a lean corporate office, and
    decentralise leadership and performance accountabilities to our companies.
    End CA:00225391 For:HBY    Type:DIRECTOR   Time:2012-07-27 14:04:15
    				
 
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